Rice Lake, WI 54868,1635 Kern AVE #1-11
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Rice Lake, WI 54868,1635 Kern AVE #1-11
Rice Lake, WI 54868,1635 Kern AVE #1-11
Rice Lake, WI 54868,1635 Kern AVE #1-11
Rice Lake, WI 54868,1635 Kern AVE #1-11
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Listed by The Bergeman Team • Eau Claire Realty LLC
$ 1,095,000
Est. payment /mo
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Active

1635 Kern AVE #1-11 Rice Lake, WI 54868

8,500 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $128

MLS Listing ID 1594737

HOA Y/N No

Abv Grd Liv Area 8,500

Year Built 1996

Annual Tax Amount $14,342

Tax Year 2024

Lot Size 1.427 Acres

Acres 1.427

Property Sub-Type Apartment

Property Description

Great investment opportunity with this 11-unit apartment complex featuring 6 two-bedroom units and 5 one-bedroom units, each including a 1-car detached garage. Tenants enjoy access to a community gathering space as they enter the building along with a common laundry area offering 2 coin-operated washers and 2 dryers, providing additional income. Conveniently located close to schools, dining, and shopping, this property is currently producing $10,095 per month, with strong rental history. Coin laundry brings in approximately $2,000 per year.

Location

State WI

County Barron

Rooms

Other Rooms Other, See Remarks

Interior

Heating Baseboard

Cooling Wall Unit(s), Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Dryer, Oven, Range, Refrigerator, Washer

Exterior

Parking Features Asphalt, Driveway

Water Access Desc Public

Porch None

Building

Foundation Poured, Slab

Sewer Public Sewer

Water Public

Additional Building Other, See Remarks

Schools

School District Rice Lake Area

Others

Tax ID 276500568003


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1635 Kern AVE #1-11